Town Centre Retail Unit To Let

17 The Royal Arcade, Worthing, BN11 3AY

Quick Summary

£9,500 Units: 1 Floors: 2 Area: 680 sq ft Payment: Yearly Type: Commercial, Retail Status: Under Offer Rooms: 3

Map

Property Description

An excellent opportunity to occupy a two-story retail premises situated within the heart of Worthing Town Centre.

The premises, which have a gross internal area of approximately 680 sq ft, comprise a double fronted ground floor retail area with ample storage, office or further retail space at first floor level.

The premises are considered suitable for a variety of different occupiers and are available with the benefit of a brand new lease term.

Viewing is strongly recommended.

 

LOCATION:

The Royal Arcade is a well established and attractive shopping precinct running between Worthing’ s seafront and the towns principle pedestrianised shopping area of Montague Street.

Other users within the Arcade include Café Nero, Harry Ramsdens and Richard John Hair Salon.

The location benefits from all of Worthing Town Centre’s facilities and amenities and nearby occupiers include a mix of High Street and independent retailers, eateries and office users.

 

ACCOMMODATION:

The premises are of an irregular shape but have the approximate floor areas:

 

Ground Floor                            350 ft2

First Floor                                 330 ft2

 

GROSS INTERNAL AREA            680 ft2

 

LEASE:

The premises are available with the benefit of a brand new lease with terms to be agreed.

 

GUIDE RENT:

£9,500 per annum.

 

SERVICE CHARGE:

A service charge of approximately £385 per quarter applies as a contribution towards the maintenance of the building and the upkeep of The Arcade.

 

RATES:

The Rateable Value for the property is £10,750 and therefore any ingoing occupier would likely be subject to Small Business Rate Relief and there would be no rates payable. Interested parties are advised to make their own enquiries to confirm any rates payable.

 

LEGAL FEES:

Each party are to be responsible for their own costs unless otherwise negotiated prior to entering into an agreement.

 

VIEWING:

By appointment through agents Spratt & Son.

 

ENERGY PERFORMANCE CERTIFICATE:

A copy of the Energy Performance Certificate and accompanying Recommendation Report is available upon request.

Property Brochure

Contact Agent